Hi All,
Like most publicly traded tech innovations and green-tech stories, HPQ shares price has been under pressure lately, with a negative price trend since last year. Who could have guessed that during the first year following the election of the most anti-fossil fuel and pro-green-tech president, the best market performance would have come from dirty fossil fuel stocks, and that worst would have been from clean green-tech? Not me…
But what I do know, is that contrary to what basher and high-frequency trading with a short bias want to perpetuate, the share is not the company, and the company is not its share.
In fact, HPQ, the company, is in a much more enviable position now compared to where we were just 12 months ago, if that was not the case, I would not have increased my share ownership by 1,419,000 since June of last year…
By its nature, the market tends to go through cycles when it underprices the value of a company and then overprices the value of the same company, and the cycle repeats itself. Trying to judge the real value and potential of a company on just its share price and share movement is a fool errand, but that does not stop bashing trolls from affirming that on stock bulletin boards when the market corrects.
Regards,
Bernard Tourillon
CEO